1. Can you recoup your investment in the remodel when you’re ready to sell? Different projects can offer more potential than others. Kitchen, bath and basements can all play a major part in attracting new buyers.
2. What is your budget? Set aside a budget for your remodel before you talk with designers, architects and contractors. Keep in mind that you may go beyond your budget as work sets in with extra items. But knowing a total dollar amount up front will help everyone stay on target.
3. What is your timeframe to remain in your home? Are you planning on moving to a new home in the next few years? If so, concentrate on remodels that will add the most to your potential selling value. The longer you wish to remain in your home, the more personal your remodel may become.
4.What items mean the most? Maybe you’ve had your heart set on a custom gourmet kitchen, and stainless steel appliances top your list of “biggest wants”. Let your contractor know what’s important, and what you’re willing to negotiate for a more reasonable priced item.
5. Consider going green with your remodel. Green items can be used in a variety of areas; from concrete countertops, to energy efficient appliances. Green can not only make your house more efficient, it can also improve the selling of your home down the road.
6. Develop your timeline. It’s impossible to have your remodel completed in a few days like on the popular television shows. It can take weeks to get permits in place, and equipment ordered. Work with your contractor to ensure you are both on track with an appropriate timeframe.
7. What are your likes and dislikes? We all have different ideas in mind about our perfect remodel. Tear out pictures from a magazine, or snap pictures at your local home show. Share your ideas with your contractor before decisions are made. Talk about where you are willing to negotiate, and what are your absolute requirements.
8. Choose quality. Especially in heavy traffic areas like the kitchen, its important to choose the highest quality items for your budget. Quality products, flooring, and other materials will last longer, show less wear, and ultimately give you more value for your money.
9. Be open to options. You may love the $6000 stove you see on display at your local home center. But can you justify it if it takes up a large portion of your budget? Show your contractor your likes, and ask for alternatives to make the project fit within your budget.
10. Choose your remodel contractor wisely. Choosing the right one will make your job run smoother, and give you a great source of information throughout the build. Ask for references, and make sure they are qualified to do all the jobs you have on your list.